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Where's the Money come from? (General)

by dan @, Wednesday, May 06, 2020, 07:30 (210 days ago) @ dan

Warren Buffett explains the simple reason why the US will never default on its debt

In short, the US is accumulating debt in its own currency, and it can print as much currency as it likes, so it will never default on the debt. But, the currency will lose value and we'll have inflation.

https://finance.yahoo.com/news/warren-buffett-explains-the-simple-reason-why-the-us-wil...


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